HomeMy WebLinkAbout1402~/
~
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION
OF FORT PIERCE
MORTGAGE
5218b1
g~~
~~ .
Lo~n No. O1-23089855
THE PROMI3SORY NOTE 3ECURED BY THI3 MORTGAGS CONTAIN3 RENEGOTIABLE INTEREST
RATE PAOVISIUNS. THE INTEREg1' RATE AND MONTHLY PAYMENTS CALLED F'OR BY SAID NOTE
ARE THUS 3UBJECT TO ADJU3TMENT.
THIS MOR1Y'AGE is made this . 25th . ....... .. . day of . ~~~! .. ...... . .. ..... .
rs .$~, between the Mortgagor, . franlc.J:..~~l~nl~anQ. an~..Uo~t~ur..s... ~elent~no~..l~i.s.~if~ ...............
.. .......................... ...................... (herein "Borrowei'). and the Mortgagee, FIRST FEDERAL SAVINGS
AN U LOAN ASSOCIATION OF FORT PIERCE, a corporalion organized and existing under the laws of ~he United States,
whose addresa is 100 South Second Street, Fort Pierce, Florida 33450 (herein "Lender").
WHEREAS, Borrower ie i debted to I.epder in the principal sum ot' .F I F.TY. .F I Y~ . THOUSANA . 71~l0. HUN.7REA . AND. NO/ 100
-: -------------------,~~55~200.00J----------------Dollars. which indebtednese is evidenced by Borrower's
note dated . . . . . . . . . Ma,rch • 25,• •1981 • • • • • • - • • • • (herein "Note"), providing for monthly installments of principal and
interest. with the balance of the indebtedness. if not sooner aid or not sooner due for Borrowei s failure to exercise renewal
options aet forth therein. due and payable on ~rch 2~, ~005
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of
all other aums. with interest thereon, advanced in accordance herewith to protect the security uf this Mortgage. and the
performance of the covenants and agreements of Borrower herein contained. and (b) the repayment of any future advances.
with interest thereon, made to Borrowe~ by Lender purauant to parag~raph 21 hereof (herein "Future Advances"). Borrower
dcea hereby mortgage, grant und convey to Lender the following deacribed property Iceated in the County of
.................. St;,.Lucie ................... . State of F'lorida:
Lot 6, and North 18 feet of Lot 7, Block 9, uCE.4N YIEW SUBDIVISION,
as per plat thereof on file in Plat Book 6, Page 61 of the public
recards of St. Lucie County~ Florida. /
By agreement of Mortgagor and Mortgagee on
file with Mortg~gee, the within mortgage
secures not only an existing indebtedness, but
also A~VAt~CE~ to ~e HEREAFTER made by Mortgagee
to Mortgagor the aggregate of which will eq~!al
the principai amount specif~ed :n the promissory
note secured hereby.
Recerved 3 ~•~~ In Payment Of Taxe!
DUI+ Ofl CIA~c .•~.•. ~~•.,••,,;b!F! P"rt~n.gi orM~°r~a
PVrc~lAt~1 Tp ^T~~ ~ •or ~ i • j~%. i~Ct4 ~ ~8
!j~rCr7 '„T-~115 ~"
~19tS CIfCWt C:O~ft, '~L ~.:GfW, ~0., f~b.
~~=
which hascheaddresaof...~~1 _Hernando.Avenue ................................ Fort.Pierc~.................. ,
. .. .. ,~, ~c~ty~
. . . . . Fl0!"t' dd . . 3~345~Q. . . . . . . . (herein "Property Address");
~Stak and Lp C'ode~
TOGETHER with all the improvementa now or hereafter erected on the property, and all easementa, righta,
appurtenances, rente, royalties, mineral, oil and gas righte and profits, water, water righte, and water atock, and all fixturee
now or hereafter attached to the property. all of which, including replacemente and additiona thereto, shall be deemed to be
and remain a part of the property oovered by thie Mortgage; and al! of the forego~ng. together with eaid pmperty (or the leaee
hold estate if thia Mortgage ia on e leasehold) are herein referred to as the "Property."
Borrower covenants that Borrower is lawfully seized of the eetate hereby oonveyed and has the right to mortgage, grant
and convey the Property, that the Property ir~ unencumbered, and that Borrower will vvarrant and defend generally the title to
the Property againat all claima and demand9, aubject to any declarationa, eaaemente or reatrictiona listed in a schednle of
eaceptione to ooverage in any title inaurance policy inauring Lender'e intereat in the Property.
~~, -,~~T; , . , t: ,.; ,~ ; un 6~OK351 PAGE139~3 l.~ _ , ;~K~,
_
~ --- _._.
- .
. .__.._~